University of Phoenix Management and Regulation in Health Care Discussion
Question Description
Within the Discussion Board area, write 400600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
Hospital Costs
Hospital costs vary greatly according to ownership, geographic location, and affiliation.
Pretend that you are the chief executive officer (CEO) of a hospital in your town. Estimate the cost of a hospital admission, including direct and indirect costs.
Focus your discussion on the following:
- What additional costs are necessary for an emergency room visit that leads to a hospital admission?
- As the CEO, if your costs were to increase by 25%, what would you do to offset this cost?
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